Bernanke, data lift Wall Street to session highs
February 27, 2013 2:21 AM EST
Major stock indexes hit session highs on Tuesday after Federal Reserve Chairman Ben Bernanke defended the Fed's bond-buying stimulus before Congress and data on new-home sales and consumer confidence was better than expected.
The Dow Jones industrial average <.DJI> rose 125.16 points or 0.91 percent, to 13,909.33, the S&P 500 <.SPX> gained 10.51 points or 0.71 percent, to 1,498.36 and the Nasdaq Composite <.IXIC> added 18.92 points or 0.61 percent, to 3,135.17.
(Reporting by Rodrigo Campos; Editing by Kenneth Barry)
Most Popular Slideshows
- Champions League Results: Barcelona Barely Escapes With A Win, Chelsea Fails To Hold On To The Lead [PHOTOS]
- Jeremy Lin, Kobe Bryant Among The Top 5 Overpaid Players In The NBA (Part 1 - Western Conference)
- Reasons Why Michael Jordan Is Better Than LeBron James [PHOTOS And VIDEO]
- Dwyane Wade, Joe Johnson, Amare Stoudemire Among Worst Contracts In The NBA (Part 2 - Eastern Conference)
Join the Conversation
- New Samsung Galaxy Note 4 and Galaxy S5 Android 5.0 L Killer Features, Encryption and More
- Google Release Roundup: New Nexus 6, Nexus 8, Android 5.0 L Launch and Killer Features
- Xperia Z, Xperia ZL, Xperia ZR Android 4.4.4 KitKat Update Guide
- Nexus 8, Nexus 9 Release Date, Device Name And Price Conundrum: What To Expect?
- New Zealand Could Be Next ISIS Target After Australia Beheading Plot, Says Expert
- China Is Also Seizing Disputed Land Along Indian Border
- Xiaomi Mi4 v. Moto X (2014) – Specifications, Features, Release Date And Price Showdown